I think it's the most boring business I've ever researched.
That's what you want if you're looking for a stock to hold no
It pays dividends like clockwork. They've increased for 39 years
straight -- that goes back to when Nixon was in office. That even
includes increases during the Great Recession. The
quarterlydividend has risen 154%, in the past 10 years.
Earnings growth isn't going to blow you away. This company isn't
going to invent the next iPod. The CEO isn't going to be a rockstar
in the business world. In other words, don't expect a lot of flash
from this company, which was founded in 1872.
But expect plenty of substance.
was the first company to put toilet tissue on a roll. It invented
the "disposable handkerchief" -- or what we know as the iconic
Kleenex. And it was the first paper company to advertise its brands
on national television. Today it's the company behind Huggies,
Kotex, and Depend incontinence products.
Like I said, it's boring stuff. But that's the sort of company that
does well over time, especially if things get rocky.
Right now, we're seeing $100-plus oil, turmoil in the Middle East
and North Africa, concerns about an overheated market, and the
continuous angst about government deficits. That's a lot of worry.
You might sleep better owning Kimberly-Clarkshares .
You see, not only is it one of the most steadydividend payers
around, but theshares hold up well in down markets. Take a look at
the stock versus the S&P 500 in the recent
Right now the
are yielding about 4.5%. Normally I don't get too excited over that
sort ofyield . But this isn't an ordinary investment.
Action to Take -->
You don't buy this stock with the plan to sell it after a month,
six months, or even a year. It's the sort of holding you want to
buy and forget about, no matter how the market does. Just let it
pay you quarter after quarter.
And while nothing in investing is ever guaranteed, those dividends
are likely to increase over time, just like they have for the past
four decades. At the very least, they'll add up handsomely.
Every share bought just five years ago has paid out $11.65 since,
providing a 20% gain on dividends alone. That may not be something
to brag about at cocktail parties, but in the bipolar market of the
past five years, that steady return... and
... is something to covet.
-- Amy Calistri
P.S. I don't know if you've seen this or not, but a Texas man
has figured out how to collect thousands of dollars a month in
dividend payments alone. Last year he made $41,161 this way.
Whether you're on a fixed income or not, I'm sure you could benefit
by copying this man's formula for your own use. Here's everything
you need to know…
Disclosure: Neither Amy Calistri nor StreetAuthority, LLC hold
positions in any securities mentioned in this article.
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